DOWNTOWN BOXING CLUB (EIN 363569981) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

RAY BASILI

Phone

4026129283

Tax Period

2023-01-01 to 2023-12-31

DOWNTOWN BOXING CLUB, founded in 1995, is a micro nonprofit that reported $17K in total revenue in fiscal year 2023. Revenue surged 65% from the prior year, signaling strong growth momentum. Net assets of $47K represent 33 months of operating reserves.

Mission

YOUTH SPORTS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,181

Program Service Revenue $0

Investment Income $37

Other Revenue $15,742

TOTAL REVENUE $16,960

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $440

Program Expenses $8,720

Other Expenses $16,731

TOTAL EXPENSES $16,731

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,960	$10,289	+0.6%
Expenses	$16,731	$11,927	+0.4%
Net Income	$229	$-1,638	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAY BASILI	TREAS	020.00	Officer Director Key Emp	$0	$0	$0
JASON GLATGAKOS	COACH	005.00	Director Key Emp	$0	$0	$0
JOHN GLATGAKOS	VP	030.00	Officer Director Key Emp	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$16,960	$16,731	$47,085	$229
2022	$10,289	$11,927	$46,856	$-1,638
2021	$19,409	$18,404	$48,494	$1,005
2020	$7,399	$7,149	$47,489	$250
2019	$16,693	$10,553	$47,239	$6,140
2018	$18,609	$12,007	$41,099	$6,602

DOWNTOWN BOXING CLUB